Brokerage change - due to change in lot size of Index derivative
Because of the increase in the minimum contract value of Index derivatives contracts to Rs. 15L or above, Exchanges have revised the lot size of index derivative contracts.
In this regard, the brokerage slabs on option contracts will also change in proportion to the change in the lot size with a cap of Rs.100 per lot. Since these proposed brokerage changes are directly in proportion to the increase in lot sizes, this will have no impact on the absolute cost you incur.
Highest brokerage of the scheme mapped to client has been considered for blocking margins. Below are the examples for your reference.
For Actuals refer to the contract note
| Example 1 | | | |
| Client Code | Scrip Contract | Per lot Rs.as per slab | Amount to be blocked(highest in slab) |
| XYZ | Stock option | 50 | 60 |
| XYZ | NIFTY | 60 | 60 |
| XYZ | SENSEX | 50 | 60 |
| XYZ | BANKNIFTY | 30 | 60 |
| | | |
| Example 2 | | | |
| Client Code | Scrip Contract | Per lot Rs.as per slab | Amount to be blocked(highest in slab) |
| ABC | Stock option | 25 | 75 |
| ABC | NIFTY | 50 | 75 |
| ABC | SENSEX | 75 | 75 |
| ABC | BANKNIFTY | 40 | 75 |
| | | |
| Example 3 | | | |
| Client Code | Scrip Contract | Per lot Rs.as per slab | Amount to be blocked(highest in slab) |
| 112233 | Stock option | 100 | 100 |
| 112233 | NIFTY | 50 | 100 |
| 112233 | SENSEX | 75 | 100 |
| 112233 | BANKNIFTY | 40 | 100 |
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